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Neuko Forex Broker provides real users with * positive reviews, * neutral reviews and 7 exposure review!

Neuko Broker Review

1.46

WikiFX monitor

Business

Influence E

License

No license

Neuko Review 7

Latest All(7) Exposure(7)
Exposure
Fraud platform

0.5 lot of crude oil short order, stop loss at 88.909, fill in the blank 89.004, the actual closing position is at 89.314, slipped 0.31 US dollars, 500 barrels of crude oil, lose me 155 US dollars.

陈小
2022-02-10
Exposure
Scam, where is the zero spread

Don't you say zero point difference? Scam. There are at least more than twenty pips when you log in the trading platform.

青月梦中之梦
2022-02-09
Exposure
Deduct my profit

I was induced by a salesperson to open an agent account 9001444 and a trading account on the Neuko·Nock platform website https://neukofxcn.com/zh, and other customers also opened an agent and trading account: 9001437, 9001437 9001448 9001453 9001450. When a customer’s transaction is profitable and needs to withdraw, the platform believes that the customer must deduct six thousand US dollars to withdraw the customer’s hedging bonus. After several years of encounter to foreign exchange transactions, it is the first time to meet customers under different agents in different places, different points, and the number of lots is different. amd judge the customer’s transactions are illegal. This is a shameless behavior of the robbers. I hope that the majority of people will stay away from the Neuko · Nok platform fraud platform, actively promote, and don’t be scammed by this platform

平淡如水24710
2021-12-16
Exposure
Withhold money maliciously

I complain about url https://neukofxcn.com/zh, enticed customer to deposit and trade and participate in IB business Because the platform has a grant activity, due to customer trading profits, the platform found a reason to say that customers hedged, need to deduct thousands of dollars from customers, the agent below the customer place orders in different places, different points , the number of lots is not the same, not hedge, the platform unreasonably require customers to replenish funds to get withdrawal, this is shameful, I reported the platform involved in inducing customers to deposit, illegal fraud, illegal business and other illegal behavior, I hope that the forex traders away from the scam platform, thank you.

ʚA×Fun℃ɞ
2021-11-09
Exposure
Withhold money maliciously

My IB Cheng Shaohuo account 9001437 direct account Yao Xinye 201171, deducted USD1528 on withdrawal, direct account Wei Ling 201170 deducted USD2540.7 on withdrawal Complaint for url https://neukofxcn.com/zh, enticed customer to deposit and trade and participate in IB business Because the platform has a grant activity, due to customer trading profits, the platform found a reason to say that customers hedged, need to deduct thousands of dollars from customers, the agent below the customer place orders in different places, different points , the number of lots is not the same, not hedge, the platform unreasonably require customers to replenish funds to get withdrawal, this is shameful, I reported the platform involved in inducing customers to deposit, illegal fraud, illegal business and other illegal behavior, I hope that the forex traders away from the scam platform, thank you.

FX2126402932
2021-11-09
Exposure
Deduct customer profit

My IB account 9001444 Complaint for url https://neukofxcn.com/zh, enticed customer to deposit and trade and participate in IB business Because the platform has a grant activity, due to customer trading profits, the platform found a reason to say that customers hedged, need to deduct thousands of dollars from customers, the agent below the customer place orders in different places, different points , the number of lots is not the same, not hedge, the platform unreasonably require customers to replenish funds to get withdrawal, this is shameful, I reported the platform involved in inducing customers to deposit, illegal fraud, illegal business and other illegal behavior, I hope that the forex traders away from the scam platform

平淡如水24710
2021-11-08
Exposure
Withhold money maliciously

My IB Cheng Xi account 9001448 direct account Cheng Linju 201152 , deducted USD318.99 on withdrawal, direct account Cheng Shenglin 201154 deducted USD350.83 on withdrawal, direct account 201194 deducted USD349.64 on withdrawal. Complaint for url https://neukofxcn.com/zh, enticed customer to deposit and trade and participate in IB business Because the platform has a grant activity, due to customer trading profits, the platform found a reason to say that customers hedged, need to deduct thousands of dollars from customers, the agent below the customer place orders in different places, different points , the number of lots is not the same, not hedge, the platform unreasonably require customers to replenish funds to get withdrawal, this is shameful, I reported the platform involved in inducing customers to deposit, illegal fraud, illegal business and other illegal behavior, I hope that the forex traders away from the scam platform, thank you.

仰望与猫
2021-11-08

  

Neuko 2025 Review: Everything You Need to Know

  Summary: Neuko has garnered mixed reviews in the forex brokerage community, primarily due to its unregulated status and the associated risks. While some users appreciate the trading platform's functionalities, many express concerns over withdrawal issues and the overall lack of regulatory oversight.

  Note: It is important to recognize that Neuko operates under different entities in various regions, which may affect user experience and regulatory compliance. This review aims to provide a fair and accurate assessment based on the available data.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 3.0
Tools and Resources 4.0
Customer Service and Support 5.0
Trading Experience 4.0
Trustworthiness 2.0
User Experience 3.5

  We assess brokers based on user feedback, expert opinions, and factual data from various sources.

  

Broker Overview

  Founded in 2021, Neuko is a forex brokerage based in Saint Vincent and the Grenadines, operating under the name Neuko Capital LLC. The broker provides access to various trading instruments, including forex, commodities, and contracts for difference (CFDs). Neuko primarily utilizes the MetaTrader 5 (MT5) trading platform, which is popular among traders for its advanced features and user-friendly interface. However, it is crucial to note that Neuko is currently unregulated, raising significant concerns regarding the safety of client funds and overall trustworthiness.

  

Detailed Breakdown

  

Regulatory Status

  Neuko operates without any valid regulatory oversight, which is a critical red flag for potential investors. According to multiple sources, including PediaFX, the broker lacks proper establishment and regulatory compliance, making it a risky choice for traders. The absence of regulation means that clients have limited recourse in case of disputes or issues related to fund withdrawals.

  

Deposit and Withdrawal Options

  Neuko allows deposits in various currencies, including USD, and supports a minimum deposit of $200. However, many users have reported difficulties when attempting to withdraw their funds. According to WikiFX, clients have experienced delays and unresponsive customer service when requesting withdrawals, which raises concerns about the broker's reliability.

  

Trading Conditions

  The leverage offered by Neuko is as high as 800:1, which can be attractive for experienced traders looking to maximize their potential returns. However, such high leverage also comes with increased risk, especially for inexperienced traders. The minimum spread is reportedly around 3.2 pips, which is relatively high compared to industry standards, indicating that trading costs may be a concern for active traders.

  

Available Assets

  Neuko provides access to a range of financial instruments, including forex pairs, commodities, and indices. This diversity allows traders to diversify their portfolios. However, the lack of regulatory oversight may deter potential clients from fully engaging with the platform, as highlighted in the reviews.

  

Customer Support

  Neuko offers customer support through multiple channels, and users have generally rated this aspect positively. According to PediaFX, customer service has received a score of 5.0, indicating that while support may be responsive, the overall trustworthiness of the broker remains low due to its unregulated status.

  

User Experience

  User experiences with Neuko are mixed. While some traders appreciate the functionality of the MT5 platform, others have reported issues with deposits and withdrawals. The lack of insurance for clients, as noted by PediaFX, further complicates the user experience, making potential clients wary of engaging with the broker.

  

Repeat Ratings Overview

Category Rating (out of 10)
Account Conditions 3.0
Tools and Resources 4.0
Customer Service and Support 5.0
Trading Experience 4.0
Trustworthiness 2.0
User Experience 3.5

  

Detailed Breakdown of Ratings

  •   Account Conditions (3.0): Neuko offers a minimum deposit of $200, but the lack of regulatory oversight raises concerns about the security of client funds. Additionally, the high spreads may deter traders.

  •   Tools and Resources (4.0): The MT5 platform is a robust trading tool, providing advanced features for traders. However, the absence of educational resources or market analysis tools could limit less experienced traders.

  •   Customer Service and Support (5.0): While customer service is generally responsive, the lack of regulatory backing undermines the effectiveness of this support in resolving serious issues.

  •   Trading Experience (4.0): The trading experience on the MT5 platform is satisfactory for many users; however, the high leverage and spreads may not be suitable for all traders.

  •   Trustworthiness (2.0): The unregulated status of Neuko significantly impacts its trustworthiness, with numerous complaints about withdrawal issues and lack of accountability.

  •   User Experience (3.5): Overall, user experiences vary widely, with some traders finding the platform functional while others express frustration over withdrawal difficulties.

  In conclusion, while Neuko offers a range of trading options and a user-friendly platform, the lack of regulation and the reported issues with fund withdrawals present significant risks for potential clients. The Neuko review highlights the importance of thorough research and consideration of regulatory status before engaging with any broker.

Neuko review